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Rasheed Bank proceed to sell the dollar for travelers b [1200] dinars

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rocky
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Rasheed Bank proceed to sell the dollar for travelers b [1200] dinars

Post by rocky on Wed 07 Sep 2016, 2:47 pm

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Rasheed Bank proceed to sell the dollar for travelers b [1200] dinars

[/rtl]
[rtl]History of edits:: 07.09.2016 17:34 • 168 visits readable[/rtl]
[rtl]
[Where-Baghdad] 
proceeded Rasheed Bank sold the dollar to travelers b [1200] Iraqi dinars.

According to a statement of the bank received by all of Iraq [where] a copy of it on Wednesday, " The Director General of the Rasheed Bank Rashad Khudair between the bank management and directed branch [airport / stadium / Yarmouk / Hay Spring / Ministry of Finance] sell the dollar for Iraqi citizens Alragbeyen purchase and the amount identified by $ 3,000 per citizen and the exchange rate [1200] dinars for their cover their expenses to travel. " 
the statement continued , " the sale will be according to the guidelines developed by the bank, which is toprovide valid passport is valid travel with a ticket enhanced in one of the supporting documents to the customer. "



http://www.alliraqnews.com/modules/news/article.php?storyid=47798
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rocky
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Rasheed Bank proceed to sell the dollar to travelers

Post by rocky on Wed 07 Sep 2016, 2:52 pm

[rtl]

Rasheed Bank proceed to sell the dollar to travelers

[/rtl]
[rtl]History of edits:: 07.09.2016 17:15 • 257 visits readable[/rtl]
[rtl]
{Baghdad} Euphrates News began Rasheed Bank, on Wednesday, to sell the dollar to travelers.
Said Rashad Khudair sole general manager of the bank in a statement the agency {Euphrates News} received a copy of it today that " the management of the bank and directed branches {airport, stadium, Yarmouk, Spring neighborhood, the Ministry of Finance} to sell the dollar for citizens who want to buy." 
He explained that " the amount identified three thousands of dollars for each citizen and at the exchange 1200 Iraqi dinars, for their cover their expenses to travel. " 
He noted that" sales will be according to the guidelines developed by the bank, which is to provide valid passport and a ticket enhanced in one of the supporting documents to the customer ".anthy



http://alforatnews.com/modules/news/article.php?storyid=126701
[/rtl]

rocky
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Dollar selling through government banks

Post by rocky on Wed 07 Sep 2016, 2:55 pm

Dollar selling through government banks



9/7/2016 0:00 

BAGHDAD / morning 
CBI decided to bank processing Rafidain and Rasheed foreign currency (dollar), "for the purpose of expanding the cash sales of US $ outlets" for citizens across their branches scattered in Baghdad and the provinces , "according to the central statement yesterday , " Commenting on the statement , he said the competent affairs banking Ahmed expensive: that expand the sale of the dollar would outlets that reduces speculative price levels, pointing out that the move keeps the fixed currency prices. He pointed out that this step needs to be flexible mechanisms away from the complexity and provides service to the citizen more easily. so stressed competent financial affairs Inas Zubaidi said the expansion of the dollar outlets in public banks reduces the monopoly was introduced in certain ports, and contributes greatly to the decline in demand for banking companies. They pointed out that the move will achieve a balance in supply within the market, and creates competition among banking companies contribute greatly to the stability of prices at the borders of certain. 

http://www.alsabaah.iq/ArticleShow.aspx?ID=122917

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Dollar selling through government banks 152 Show Last update:

Post by rocky on Wed 07 Sep 2016, 2:57 pm

Dollar selling through government banks 152 Show Last update: 



Wednesday, September 7, 2016 - 10:52

BAGHDAD / morning CBI decided to bank processing Rafidain and Rasheed foreign currency (dollar), "for the purpose of expanding the cash sales of US $ outlets" for citizens across their branches scattered in Baghdad and the provinces, "according to the central statement yesterday," Commenting on the statement, he said the competent affairs banking Ahmed expensive: that expansion of outlets selling the dollar would reduce the speculative price levels, pointing out that the move keeps the fixed rates for the currency. He noted that this step needs to be flexible mechanisms away from the complexity and provides service to the citizen more easily. He confirmed to the competent financial affairs Inas al-Zubaidi that the expansion of outlets in the dollar reduces the monopoly of public banks was introduced in certain ports, and contributes greatly to the decline in demand for banking companies. He pointed out that the move will achieve a balance in supply within the market, and creates competition among banking companies contribute greatly to the stability of prices when certain limits.

http://www.imn.iq/archives/66836

rocky
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Re: Rasheed Bank proceed to sell the dollar for travelers b [1200] dinars

Post by rocky on Wed 07 Sep 2016, 2:58 pm

thoughts from a different site

Price stability is key for moving towards a future where the dinar reigns supreme in Iraq. They've got to have this locked down before moving forward. Curbing corruption by having price controls in place will provide the safe atmosphere for future changes in rates and moving to a single currency regime.

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Re: Rasheed Bank proceed to sell the dollar for travelers b [1200] dinars

Post by weslin3 on Wed 07 Sep 2016, 5:21 pm

So this is a prelude before the RV, setting the process... All good signs, I hope. lol

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Re: Rasheed Bank proceed to sell the dollar for travelers b [1200] dinars

Post by duck2000 on Wed 07 Sep 2016, 5:50 pm

@rocky wrote:thoughts from a different site

Price stability is key for moving towards a future where the dinar reigns supreme in Iraq. They've got to have this locked down before moving forward. Curbing corruption by having price controls in place will provide the safe atmosphere for future changes in rates and moving to a single currency regime.
having price controls isnt the issue selling dollars is peroid!

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Re: Rasheed Bank proceed to sell the dollar for travelers b [1200] dinars

Post by duck2000 on Wed 07 Sep 2016, 5:58 pm

The dollar letter of credit



9/7/2016 0:00 
Thamer Alheims 
there is no reasonable answer specific and justifiable to not to return for opening letters of credit for the purposes of import , this dollar bleeding of our credit must be curbed to stop losses at all  levels. Solution fugitive and its repercussions dollar problem on the Iraqi economy requires a return to work to open documentary credit, because of its role in supporting agricultural and industrial sectors , as he excludes practically at their sessions in internal for the time  being. the service sector Bmassarvh is still very limited in terms of its share in the national GDP which amounts to 5.1 percent , according to specialists.  the private banking sector, despite the weakness of its role in the national product, but it features capabilities good in external financing banking service almost one figure to  him.  although the sale of currency window achieved benefits for banks , but there are private banks went bankrupt and took her judiciary and that 's what does not make sense these banks , despite their contribution to exit 8590 percent of the dollar, the import of such goods amounts which are not identical to the import license quantity and quality.  With this flow and profit easy should be included in the economic session is what maximizes agricultural or industrial or resources of the country  tourism.  what enhances the environment incubator for external converter fake is the absence of capitalism Iraqi so at least to counter the bleeding, backed by parasites to be back for the opening credits to stop the loss  is growing.  may stop the work of documentary credits some of the activities that may be involved in money laundering and to guarantee the safety of imported quantity and quality after opening credit must take measures such as the palm of recreational indiscriminate import which starts from goods competition for our production, through tightening of import license issued by the Ministry of Commerce with the coordination between the ministries of industry, agriculture electronically in order to prevent the role of passive bureaucracy in reducing bleeding dollar that action. hold another important is to encourage banks to participate reconstruction production facilities stalled in the public and private sectors, as well as the immediate establishment of complexes and yards outside the cities to restore the quality check and confirm the quantity by certificates of origin and import license.  activate quality control and loaded full responsibility for quality and compliance with the specification level  of Iraqi.  ensure the central bank for banks to reassure depositors with private banks to withdraw currency from the houses and ensure objectivity control (of the Bank of the banks). 

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Re: Rasheed Bank proceed to sell the dollar for travelers b [1200] dinars

Post by duck2000 on Wed 07 Sep 2016, 6:03 pm

[size=18]Central Bank equip Rafidain and Rasheed dollar[/size]

[size=10]History of edits:: 9.6.2016 10:22 • 117 visits readable[/size]

{Baghdad} Euphrates News Central Bank of Iraq announced the Rafidain and Rasheed foreign exchange outfitted {dollar} sell it to expand outlets.

According to a brief statement of the bank received by the agency {Euphrates News} a copy of it, said Tuesday that "the CBI equip Rafidain and Rasheed foreign exchange {dollar}, for the purpose of expanding the cash sales of US $ outlets, citizens across their branches scattered in Baghdad and the provinces," .anthy

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Re: Rasheed Bank proceed to sell the dollar for travelers b [1200] dinars

Post by duck2000 on Wed 07 Sep 2016, 6:03 pm

MCP must end for stabilty!

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